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HKEX Market Update 2023-12-01

360MiQ 0

HSI fell -1.2% (-213 pts), closed at 16830 points, hit a YTD low, fell -4.2% (-729 pts) for the week after a 2-week winning streak.

Among the 150 largest-cap stocks, 38 (25%) closed higher. 38% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.7% to -2.2%. 6 sectors outperformed the market. The market was down -1.3%; Healthcare, Industrials, Real Estate were down -0.7%, but already the best performers; Technology was down -2.2%, the worst performer.

● WHARF HOLDINGS (0004) spiked 4.4% (+$0.9), closed at $21.2, the best % gain in more than 2 months, fell -0.9% (-$0.2) for the week after a 2-week winning streak. The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=0004.HK

● XINYI GLASS (0868) largely retreated -8.6% (-$0.77), closed at $8.22, the worst % loss in nearly 21 months, also hit a YTD low, fell -12.7% (-$1.2) for the week after a 2-week winning streak. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=0868.HK

● SMIC (0981) tanked -8.1% (-$1.8), closed at $20.35, fell 3 days in a row, the worst % loss in more than 7 months, also a 32-day low, fell -5.6% (-$1.2) for the week, fell 4 weeks in a row, crossed below MA50 ($21.47).
360miq.com/stockinfo?code=0981.HK

360miq.com/market?data=HKEX#tab-3

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